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Team Volusia reports trade-show outreach, 1,431 jobs and $208.6 million capital investment for 2024
Summary
Team Volusia staff reported outreach at space and medical-device trade shows, an invitation to an annual meeting March 13, and summarized 2024 metrics: 1,431 jobs, $208.6 million in capital investment and $1.3 billion county economic impact.
Juan Erken, speaking for Team Volusia, told the board that representatives attended a January 27 space-industry event at the Orange County Convention Center and the MD&M West medical device trade show in Anaheim, where Florida — represented by Team Volusia — was one of three states with a presence.
Juan Erken said: “We had a good chance and opportunity to speak to NASA and other different companies in the space industry. We were really trying to highlight our incubators because we had companies that needed to have a footprint in The United States.”
Erken invited board members to Team Volusia’s annual meeting on March 13 at the Laura Hosseini Center at Daytona State College and said scheduled speakers include representatives from the Florida High-Tech Corridor and Select Florida.
Erken provided summary metrics for 2024: “For 2024, we had a total of 1,431 jobs in NELS. Capital investment of 208,600,000.0, and a total economic impact for the county is 1,300,000,000.0,” he said. The board packet also included a CEO report and a TRT (technical review team) report for January; staff noted an uptick in projects entering the TRT after a recent slow period in late 2024.
Erken said the mix of inbound projects includes residential and industrial activity, and he noted 403 units permitted in January and an associated certificate of occupancy value of about $65,000,000. He said lower interest rates and other market conditions are bringing more projects into the pipeline than in prior months.
No formal board action was taken on the report; Erken’s comments were presented for information and for outreach planning.
